DAX TRADING STRATEGY BREAKOUT/FAKEOUT 1m

DAX TRADING STRATEGY BREAKOUT/FAKEOUT 1m Tight Risk – No FAKE profits – 1000€ acc

ENGLISH VERSION

IG MARKETS – Version 10.2 ProRealTime

I will start trading this strategy in real as soon as possible and command an invitation for those who have time / desire to review and find any possible failure and / or optimize it, either with the BBexit or any other way you can think of, I I have not been able to do better for the moment.

SUMMARY

The most important thing for me this strategy is risk-reduced operation in fact is all that matters, in my humble opinion- in trading, the benefits will come sooner or later alone, if only survives account !
All part of a simple following what I could go watching over time in the evolution of some markets, such as the DAX in this case idea. It is to accompany the market in the direction to take, not “guess” what the market will do but rather “REACT” to what you might be doing.

DESCRIPTION

The system reset variables to 0 each new day, thereafter waiting until 07: 55-07: 59 a.m. (GMT + 2) to set the maximum and night minimum.
At 08:00 a.m. (GMT + 2) sends orders or limited stop above and below the maximum / minimum leaving a gap between them 10% of the total distance of the range. For example: The range has been between 9900 and 9850, the difference is 50 ticks (10%=5 Ticks), the 4 orders shall be located at: 9905 (buy), 9895 (sell) and 9855 (buy), 9845 (sell), and will be “STOP “or” LIMIT “depending on whether the price closes inside or outside the set range. Contrary orders do stop function when changing direction. The system has a maximum of 4 opportunities daily, can operate only once in each position, so avoiding entering loser loop when the price behaves sideways. Parameters are fixed also with benefits according to night range, my main idea was range * 1.5 to when it comes within range, and range * 1 for when it comes out of range. This is the only variable that have optimized the system and modified range * range * 1.5 to 1.2, although the difference is almost irrelevant.

CAPITAL MANAGEMENT

Of course, carries a calculation module position size so that decides the number of contracts to operate in each operation based on the capital available at all times, thereby maintaining the same risk, but significantly increase profits.

SPREAD

Backtest had a 1.0 points spread set up on it. Also because between 08:00 a.m. to 09:00 a.m.,  spread is 2.0 points for IG Markets, variable spread is 1.0 at this time in order to add +1.0 (2.0 points) between this hour, and since 09:00 a.m. spread variable is set to 0.

INDICATOR

Deputy have available the indicator chart pivot points and the range area, I recommend you use it to make it more intuitive and easy to understand operational.

I hope you can help me with this and give you so much joy as intended.

A big hug and good trading!

VERSION EN CASTELLANO

IG MARKETS – PROREALTIME 10.2 Versión

Voy a empezar a operar ésta estrategia en real lo antes posible y mando una invitación para quien tenga tiempo/ganas de revisarla y encontrar algún posible fallo y/o optimizarla, ya sea con el BBexit o de cualquier otra forma que se te ocurra, yo no he sido capaz de hacerlo mejor por el momento.

RESUMEN

Lo más importante para mí de ésta estrategia es el riesgo reducido por operación, de hecho es lo único que importa –en mi humilde opinión-  en el trading, perder lo menos posible, los beneficios llegarán solos tarde o temprano, ¡si sobrevive la cuenta!

Todo parte de una idea simple a raíz de lo que he podido ir observando a lo largo del tiempo en la evolución de algunos mercados, como el DAX en éste caso. Se trata de acompañar al mercado en la dirección que tome, no de “ADIVINAR” lo que va a hacer el mercado sino más bien de “REACCIONAR” a lo que pueda estar haciendo.

DESCRIPCIÓN

El sistema resetea variables a 0 cada nuevo día, a partir de ahí espera hasta las 07:55-07:59 a.m. (GMT+2) para establecer el máximo y mínimo nocturnos.

A las 08:00 a.m. (GMT+2) envía órdenes stop o limitadas por encima y por debajo del máximo/mínimo dejando una distancia entre ellas del 10% de la distancia total del rango. Por ejemplo: El rango ha estado entre 9900 y 9850, la diferencia son 50 ticks, las 4 órdenes se situarán a: 9905(compra), 9895(venta) y 9855(compra), 9845(venta), y serán de “STOP” o “LIMIT” dependiendo de si el precio cierra dentro o fuera del rango establecido. Las órdenes contrarias hacen la función de stop al cambiar la dirección. El sistema tiene un máximo de 4 oportunidades diarias, únicamente puede operar una vez en cada posición, de manera que evita entrar en bucle perdedor cuando el precio se comporta de manera lateral. Los parámetros de beneficios van fijados también acorde al rango nocturno, mi idea principal fue rango*1.5 para cuando entra dentro del rango, y de rango*1 para cuando entra fuera del rango. Ésta es la única variable que he optimizado en el sistema y modificado de rango*1.5 a rango*1.2, aunque la diferencia es prácticamente irrelevante.

GESTIÓN DE CAPITAL

Cómo no, lleva un módulo de cálculo de tamaño de posición de manera que decide el número de contratos a operar en cada operación en base al capital disponible en cada momento, permitiendo así mantener el mismo riesgo, pero aumentar considerablemente los beneficios.

SPREAD

El backtest tiene establecido 1.0 de spread fijo, no obstante, como entre las 08:00 a.m. y las 09:00 a.m., el spread real de IG es de 2.0, he añadido la variable spread al código de la siguiente manera. Entre las 8 y las 9 el spread es 1.0, de manera que lo añada al spread y sean los 2 puntos reales, mientras que a partir de las 9 la variable spread es igual 0 y permanece el 1 punto que tiene prefijado.

INDICADOR

Adjunto tienes disponible el indicador que grafica los puntos de pivote y la zona de rango, recomiendo que lo uses para que sea más intuitivo y fácil de entender la operativa.

Espero que me puedas ayudar con esto y que te dé tantas alegrías como pretende.

¡Un fuerte abrazo y buen trading!

//-------------------------------------------------------------------------
// Main code : Binomio AutoTrading Bot v.2 DAX
//-------------------------------------------------------------------------
REM #########################################
REM ## Binomio AutoTrading Bot 2016 DAX 1m ##
REM #########################################

REM Not cumulate orders
defparam cumulateorders = false
REM No positions open before this time
defparam flatbefore = 080000
REM All positions will be closed after this time
defparam flatafter = 213000

REM MAX and MIN we want to operate
REM No orders will be set if range is greater than
maxrange = 150
REM No orders will be set if range is shorter than
minrange = 20
REM #########
profittrendvalue = 1.5
profitrangevalue = profittrendvalue
//5 //1.7
rangepercent = 0.1

REM ######################
REM ## MONEY MANAGEMENT ##
REM ######################
Capital = 3000
Risk = 0.5

REM RESET MAIN VARIABLES EACH NEW DAY
if Dayofweek = 5 then
trading = 0
else
If intradaybarindex = 0 then
trading = 1
bullish = 0
bearish = 0
inrange = 0
rangepips = 0
enter1 = 0
enter2 = 0
enter3 = 0
enter4 = 0
abovemax = 0
abovemin = 0
belowmax = 0
belowmin = 0
//profittrend = 0
profitrange = 0
endif
endif


REM CHECK CONTROL TIME
starttime = 075500
endtime = 075900

REM RANGE ESTABLISHMENT
IF time >= starttime and time <= endtime then
REM NIGHT MAX
maximo = dhigh(0)
REM NIGHT MIN
minimo = dlow(0)
REM RANGE IN PIPS BETWEEN NIGHT MAX AND MIN
rangepips = round(maximo-minimo)
REM PROFIT IN PIPS EX
profitrange = rangepips*profitrangevalue// i.e we could add here "*0.9" to reduce the profit objective
//profittrend = rangepips*profittrendvalue  //1.5
REM DISTANCE FROM LINES TO SET ORDERS
margin = rangepips*rangepercent
REM SET MAX ORDER PLACES
abovemax = maximo+margin
belowmax = maximo-margin
REM SET MIN ORDER PLACES
abovemin = minimo+margin
belowmin = minimo-margin
REM SET NUMBER OF PIPS TO RISK EACH TRADE
StopLoss = round(margin*2)
if StopLoss<6 then
StopLoss = 6
endif
endif

REM Calculate contracts
equity = Capital + StrategyProfit
maxrisk = round(equity*(Risk/100))
PositionSize = abs(round((maxrisk/StopLoss)/PointValue)*pipsize)

REM SPREAD CHECK
IF Time>=090000 and time<173000 then
spread = 0 // Backtest spread is set to 1
else
spread = 1 // Backtest spread 1 + 1 = Real spread
endif

REM CONDICION DEL MERCADO
inrange = Close<maximo-margin and close>minimo+margin
bullish = Close>(maximo+margin)
bearish = Close<(minimo-margin)
semibull = Close>maximo-margin and close<maximo+margin
semibear = close<minimo+margin and close>minimo-margin

REM START SETTING ORDERS
REM FIRST TRADES

if not onmarket and trading = 1 and rangepips<=maxrange and rangepips>=minrange then
REM RESET VARIABLES EACH TIME WE ARE OUT OF THE MARKET
if bearish then
if enter4=0 then
sellshort PositionSize contract at market//belowmin limit
endif
if enter1=0 then
buy PositionSize contract at abovemin+spread stop
endif
endif
if bullish then
if enter3=0 then
buy PositionSize contract at market//abovemax limit
endif
if enter2=0 then
sellshort PositionSize contract at belowmax-spread stop
endif
endif
if inrange then
if enter1=0 then
buy PositionSize contract at abovemin limit
endif
if enter2=0 then
sellshort PositionSize contract at belowmax limit
endif
if enter3=0 then
buy PositionSize contract at abovemax+spread stop
endif
if enter4=0 then
sellshort PositionSize contract at belowmin-spread stop
endif
endif
if semibull then
if enter3=0 then
buy PositionSize contract at abovemax+spread stop
endif
if enter2=0 then
sellshort PositionSize contract at belowmax-spread stop
endif
endif
if semibear then
if enter1=0 then
buy PositionSize contract at abovemin+spread stop
endif
if enter4=0 then
sellshort PositionSize contract at belowmin-spread stop
endif
endif
endif

buytrend = tradeprice(1)>maximo
buyrange = tradeprice(1)<maximo
selltrend = tradeprice(1)<minimo
sellrange = tradeprice(1)>minimo
REM SI ESTAMOS LARGOS
if longonmarket then
REM IF TRADE PRICE IS ABOVE MAX
if buytrend then
enter3 = 1
if enter2=0 then
sellshort PositionSize contract at belowmax-spread stop
endif
endif
REM IF TRADE PRICE IS INTO DE RANGE
if buyrange then
enter1 = 1
if enter4=0 then
sellshort PositionSize contract at belowmin-spread stop
endif
endif

endif
REM SI ESTAMOS CORTOS
if shortonmarket then
REM SI HEMOS VENDIDO POR DEBAJO DEL MINIMO
if selltrend then
enter4 = 1
if enter1=0 then
buy PositionSize contract at abovemin+spread stop
endif
endif
REM SI HEMOS VENDIDO DENTRO DEL RANGO
if sellrange then
enter2 = 1
if enter3=0 then
buy PositionSize contract at abovemax+spread stop
endif
endif
endif
set stop ploss stoploss
set target pprofit profitrange